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Cape May Point, NJ

This is a small community in a single neighborhood. As throughout the site, some neighborhood-level data are reserved for subscribers.





Overview


Cape May Point is a tiny coastal borough (i.e. on the ocean, a bay, or inlet) located in the state of New Jersey. With a population of 299 people and just one neighborhood, Cape May Point is the 513th largest community in New Jersey. Cape May Point has a large stock of pre-World War II architecture, making it one of the older and more historic boroughs in the country.

Cape May Point home prices are not only among the most expensive in New Jersey, but Cape May Point real estate also consistently ranks among the most expensive in America.

Occupations and Workforce

Cape May Point is a decidedly white-collar borough, with fully 98.39% of the workforce employed in white-collar jobs, well above the national average. Overall, Cape May Point is a borough of professionals, managers, and sales and office workers. There are especially a lot of people living in Cape May Point who work in community and social services (37.10%), management occupations (16.13%), and business and financial occupations (11.29%).

Also of interest is that Cape May Point has more people living here who work in computers and math than 95% of the places in the US.

A relatively large number of people in Cape May Point telecommute to their jobs. Overall, about 11.29% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Setting & Lifestyle

Another notable thing is that Cape May Point is an extremely popular vacation destination. A significant portion of the population is seasonal. During the vacation season, the borough experiences a large influx of people who take up residence in second homes they own in the area. As the vacation season ends, the population drops again, leaving behind a substantially quieter and smaller borough.

In addition, Cape May Point is home to many people who could be described as "urban sophisticates", which are people who are not only wealthy and employed in professional occupations, but highly educated to boot. Urban sophisticates have urbane tastes - whether they reside in a big or small city, a suburb, or a little town. Urban sophisticates support bookstores, quality clothing stores, enjoy luxury travel, and in big cities, they are truly the patrons of the arts, attending and supporting institutions such as opera, symphony, ballet, and theatre.

Residents will find that the borough is relatively quiet. This is because it is not over-populated, and it has fewer college students, renters, and young children - all of whom can be noisy at times. So, if you're looking for a relatively peaceful place to live, Cape May Point is worth considering.

One of the nice things about Cape May Point is that it is nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.

As is often the case in a small borough, Cape May Point doesn't have a public transportation system that people use for their commute.

Demographics

Do you like to read, write and learn? If you move to Cape May Point, you'll likely find that many of your neighbors like to as well. Cape May Point is one of the more educated communities in America, with a full 60.65% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Cape May Point in 2022 was $150,725, which is wealthy relative to New Jersey and the nation. This equates to an annual income of $602,900 for a family of four.

Cape May Point is a very ethnically-diverse borough. The people who call Cape May Point home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Cape May Point residents report their race to be White, followed by Black or African-American. Important ancestries of people in Cape May Point include English, Irish, French, Polish, and German.

Foreign born people are also an important part of Cape May Point's cultural character, accounting for 16.77% of the borough’s population.

The most common language spoken in Cape May Point is English. Other important languages spoken here include Spanish and French.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Cape May Point, the neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

In addition, despite all of the residential real estate here in the neighborhood, NeighborhoodScout has discovered that much of it is vacant. In resort or second-home vacation areas, this naturally occurs because homes and apartments are seasonally occupied, and empty for a portion of the year. In non-vacation or resort areas, however, this can be an indicator of property abandonment or a weak real estate market. The vacancy rate here is 59.5%, which is higher than 99.4% of all U.S. neighborhoods.

People

In a nation where 1 out of every 4 children lives in poverty, the neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 7.6% of residents in the neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 99.3% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Occupations

There are more people living in the neighborhood employed as sales and service workers (58.2%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Residents of the neighborhood have the pleasure of having one of the shortest commutes to work of any neighborhood in America. 65.5% of the residents have a commute time from home to work (one way) of less than fifteen minutes. This is a higher proportion of residents enjoying a short trip to work than NeighborhoodScout found in 97.7% of U.S. neighborhoods. Less time commuting means more time for other things in life.

Diversity

Did you know that the neighborhood has more Croatian and Hungarian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.0% of this neighborhood's residents have Croatian ancestry and 4.2% have Hungarian ancestry.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the neighborhood in Cape May Point are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 64.3% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the neighborhood, 45.6% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 41.8% of the residents employed. Other residents here are employed in government jobs, whether they are in local, state, or federal positions (9.0%), and 8.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the neighborhood is English, spoken by 93.4% of households. Some people also speak Spanish (4.2%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the neighborhood in Cape May Point, NJ, residents most commonly identify their ethnicity or ancestry as Irish (28.4%). There are also a number of people of English ancestry (18.6%), and residents who report German roots (16.6%), and some of the residents are also of Italian ancestry (15.1%), along with some Polish ancestry residents (8.7%), among others.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in neighborhood spend under 15 minutes commuting one-way to work (65.5% of working residents), one of the shortest commutes across America.

Here most residents (57.1%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (14.5%) and 7.6% of residents also bicycle for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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Race & Ethnic Diversity
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Schools include:
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